Investment from oil and gas majors needed for aviation to hit green goals
Investments from oil and gas majors are “needed big time” in order to reach the ...
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
So United Airlines’ third-quarter results are in, and they are not pretty. On the (slight) upside of $3bn adjusted pre-tax losses is a 50% rise in cargo revenue. United has done well, given it has no freighter fleet. But the airline said its daily cash burn was a whopping $25m, with $4m of that servicing debt and severance payments. United also claimed it would outperform rivals American Airlines and Delta. Here, The Motley Fool looks in-depth at that claim.
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